Bittime - Horizon Protocol (HZN) is emerging as a revolutionary force in the DeFi (Decentralized Finance) space, combining the benefits of blockchain technology with innovative financial instruments.
In this article, we will explore more deeply about Horizon Protocol,
What is Horizon Protocol (HZN)?
Horizon Protocol (HZN) is an innovative Layer 1 solution built on Solana, focused on:
- Sustainability: Horizon Protocol uses an energy-efficient Proof-of-Stake (PoS) consensus mechanism, significantly reducing the carbon footprint compared to traditional blockchains .
- Scalability: Horizon Protocol uses advanced sharding technology to increase throughput and scalability, allowing the network to process more transactions at lower costs.
- Compatibility: Horizon Protocol is compatible with Solana and Ethereum, allowing developers to easily migrate applications and build new dApps on the Horizon platform.
Check Today's Crypto Market:
Horizon Protocol (HZN) Key Products & Features
The following are Horizon Protocol (HZN) Main Products & Features:
- Layer 1 Blockchain: Horizon Protocol offers a secure, scalable, and sustainable Layer 1 blockchain built on Solana.
- Horizon Bridge: Horizon Bridge enables secure and seamless transfer of assets and data between Horizon Protocol and other blockchains such as Ethereum.
- Horizon SDK: Horizon SDK provides easy-to-use tools and libraries to help developers build new dApps on the Horizon platform.
- Horizon Grants: Horizon Protocol offers a grants program to support developers building innovative dApps on the Horizon platform.
Also Read How to Buy Crypto:
Tokenomic Horizon Protocol (HZN)
The following is the Tokenomic Horizon Protocol (HZN):
- Token Name: HZN
- Total Supply: 229,573,463 HZN
- Circulating Supply: 120,707,110 HZN
-
Use Cases:
- Pay transaction fees on Horizon Protocol
- Participate in staking and validation
- Earn staking rewards
- Set protocol governance
- Participate in Horizon Launchpad
Horizon Protocol (HZN) Fundamental Analysis
The following is the Fundamental Analysis of Horizon Protocol (HZN):
- Experienced team with backgrounds in blockchain, software development and scalability.
- An active and growing community with over 10,000 members across various social media platforms.
- Secure, scalable and sustainable blockchain technology.
- High demand for environmentally friendly and scalable blockchain solutions.
- High growth potential in the fast-growing blockchain market.
Check Crypto Prices Today:
Comparison of Solana, Horizon Protocol (HZN) & Binance
| Feature | Solana | Horizon Protocol (HZN) | Binance |
| Blockchain | Solana | Solana | Binance Chain |
| Focus | dApps platform | Sustainability & Scalability | Cryptocurrency exchanges |
| Token | SOL | HZN | BNB |
| Use Cases | Transaction fees, staking, participation in dApps | Transaction fees, staking, validation, governance | Transaction fees, trading, staking |
Conclusion
Horizon Protocol (HZN) is a promising Layer 1 blockchain solution with a focus on sustainability and scalability.
Horizon Protocol offers a secure, efficient, and environmentally friendly platform for developers and users who want to build a better blockchain future.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.